ICON4′s chartered capital spurs to 160b dong

The State Securities Commission (SSC) has lately issued the certificate of offering shares to Investment and Construction Joint Stock Co No 4 (ICON4). Accordingly, the company will offer 2.7 million shares to public in order to hike chartered capital from 133 billion dong to 160 billion dong.



ICON4 planned to issue 2.25 million shares for existing shareholders under ratio of 4:1 at 10,000 dong per shares and 450,000 shares for selected employees at 13,000 dong per share.



The company will used the raised capital for making investment in some projects such as ICON4 Multifunctional Building to be sited at No 243A De La Thanh St, Hanoi and the housing complex in the south-eastern area of extended Lang Ha St.

Tags: Vietnam stock news

Posted by VBN on Mar 18 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry